Latest Waves (WAVES) Price Analysis

Deep Dive

1. Exchange Delisting Liquidity Shift (Mixed Impact)

Overview: ProBit Global delisted WAVES on Nov 7, 2025, with withdrawals closing Dec 8. The deadline likely forced remaining holders to move tokens to active exchanges, temporarily tightening supply on liquid platforms.

What this means: While delistings typically signal bearish sentiment, the withdrawal cutoff (Dec 8, 2025) coincided with the price surge, suggesting displaced liquidity migrated to exchanges where buying activity could exert upward pressure. CEX balances hit 1-month lows per WavesOnChain, reducing immediate sell-side risks.

What to look out for: Sustained volume post-deadline – if liquidity doesn’t return to pre-delisting levels, volatility could spike.

2. Ecosystem Growth & AI Tool Adoption (Bullish Impact)

Overview: Waves deployed AI-powered liquidity management tools in Q3 and secured a $10M funding round for its L2 (Units Network). Q3 on-chain data showed 90%+ transaction growth and new address creation.

What this means: Developers are building on Waves’ AI infrastructure – a key narrative in 2025’s market. The 23.3% price jump from $0.60 to $0.74 (Nov 26) after the Biconomy listing shows responsive market pricing for ecosystem milestones.

3. Technical Breakout Above Key Averages (Bullish Impact)

Overview: WAVES reclaimed its 30-day SMA ($0.712) and 7-day EMA ($0.737), with MACD histogram turning positive (+0.00129). RSI (52.71) leaves room for further upside before overbought territory.

What this means: The move above $0.74 (23.6% Fibonacci retracement) suggests short-term momentum. A close above $0.85 (38.2% Fib) could target $1.02 (127.2% extension), though the 200-day SMA ($0.993) remains a stiff resistance zone.

Conclusion

WAVES’ rally combines deadline-driven liquidity shifts, ecosystem progress, and technical triggers. While the delisting created artificial supply constraints, sustained upside likely requires continued adoption of Waves’ AI tools and L2 growth.

Key watch: Can Units Network’s TVL and developer activity offset the token’s -68% annualized decline? Monitor Units Network’s Q4 report for DeFi traction clues.

Deep Dive

1. Technical Breakdown (Bearish Impact)

WAVES trades at $0.699, below its 7-day SMA ($0.75) and 30-day SMA ($0.71). The RSI (45.81) shows neutral momentum but aligns with a 37% 90-day decline. MACD’s weak bullish histogram (+0.0034) failed to counter selling pressure at the $0.72 pivot point.

What this means: The lack of bullish confirmation and failed breakout attempts signal short-term trader caution. The 200-day SMA at $0.99 remains a distant resistance, while $0.598 (Fibonacci swing low) acts as critical support.

2. Exchange Delistings Accelerate (Bearish Impact)

ProBit Global delisted WAVES on November 7, 2025, following KuCoin’s September 2025 removal of staking products. These moves reduced accessible liquidity – WAVES’ 24h volume fell 27.86% to $11.7M.

What this means: Delistings often trigger selloffs from forced position closures and erode investor confidence. While Biconomy added WAVES/USDT on November 26, smaller exchanges can’t offset exits from major platforms.

3. Macro Crypto Headwinds (Mixed Impact)

Bitcoin dominance hit 58.68% as the Altcoin Season Index sits at 21 (“Bitcoin Season”). Fear sentiment (index 21) and derivatives volume (-13.44% 24h) suggest risk-off positioning.

What this means: WAVES’ $83M market cap makes it vulnerable to liquidity shifts. However, its 30-day +8.07% gain shows resilience vs. ETH (-11.55% market-wide).

Conclusion

WAVES’ decline reflects technical exhaustion, reduced exchange support, and a cautious altcoin market. While AI tool launches and Units Network’s $10M funding (Nimbus Capital) provide long-term upside, short-term risks dominate.

Key watch: Can WAVES hold $0.67 (November 26 low) to avoid a retest of 2025’s $0.598 swing low?